Bell Memo Reveals New ‘Magellan’ Helicopter

 - January 31, 2011, 4:00 AM

In a company-wide memo circulated to employees January 20, Bell Helicopter announced the launch of “Magellan,” a new helicopter widely believed to be a medium-twin replacement for its venerable 412 and aimed at the superheated deepwater offshore oil and gas market. The memo said Magellan is a follow-on to “Project X.” Magellan is thought to have civil and military applications. Bell declined to comment on the memo.